Lets assume I start a C-Corporation. The Bank account of my Corporation has $10,000 in it and no other assets of any kind. Can I, as the Chairman and CEO, walk into the nearest bank and request a loan for the Corporation of $100,000 to purchase Treasury Bonds?
If No, Can I proceed to issue Junk Bonds to any investor willing to buy them up?
Orignal From: Starting an Incorporation and Getting a Loan?
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